Answered step by step
Verified Expert Solution
Link Copied!

Question

...
1 Approved Answer

Balance Sheets as of December 3 2 0 2 0 milisen 2 0 2 1 5 milisen b . What was Ar linglan's 2 0

Balance Sheets as of December 32020 milisen
20215 milisen
b. What was Ar linglan's 2021 free cash flow?
3 million
C Construct Arlington's 2021 statement of stockholders" equaty.
Balarious, 1231?20
Shares
Statement of Stockholders' Equity, 2021
Cammon Stack Retained
Amount
milln $ milian $ Earnings
miline Equity
milien
milien
millan $ milian $ mailen $
Total Stockholders'
Equity
millan
2021 Net lneterne
Cash Drudends
Addition to notainod earnings
Balarious, 1231?21
What was Ar inglon's 2021 EVA? Assume that its after-lax cest of capilal is 10%. Round your answir to the nearese carle.
s
milkon1
Assets
Cash and equivalents
Accounts receivable
Inventories
Total current assets
Net plant and equipment
Total assets
Liabilities and Equity
Accounts payable
Accruals
Notes payable
Total current liabilities
Long-term bonds
Total liabilities
Common stock (4,000 shares)
Retained earnings
Common equity
Total liabilities and equity
Income Statement for Year Ending December 31,2021
Sales
Operating costs excluding depreciation and amortization
EBITDA
Depreciation & amortization
EBIT
Interest
EBT
Taxes (25%)
Net income
Dividends paid
Enter your answers in millions. For example, an answer of $25,000,000,000 should be entered as 25,000. Round your answers to the nearest whole number, if necessary.
a. What was net operating working capital for 2020 and 2021? Assume that all cash is excess cash; i.e, this cash is not needed for operating purposes.
2020$
million
2021$
million
b. What was Arlington's 2021 free cash flow?
$
million
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Managerial Finance

Authors: Lawrence J. Gitman, Chad J. Zutter

14th Global Edition

9781292018201

Students also viewed these Finance questions